Brazil’s Largest Crypto-Friendly Bank Posts 42% Rise In Q4 2019

Brazil’s Largest Crypto-Friendly Bank Posts 42% Rise In Q4 2019

The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year’s fourth quarter. The bank is regarded as one of the cryptocurrency-friendly traditional banking establishments. Last year, BTG started utilizing the Ethereum and Tezos blockchain networks for security token offerings.